Going the route Flag Theory, how does this looks?

[KDX]

Allisgood said:
Austria takes very long to naturalise and doesn't allow (in most cases) dual citizenship. Even with other EU countries I think. So it's not really a feasible “flag” unless you want to hold only Austria citizenship.
Click to expand...

Aren't we talking about what we would want to have? I mean, I even included UAE in my flag theory lol.

And as for dual citizenship, none of the countries I listed allow it, however you can get around that. But again, aren't we talking about our "dream setups" or whatever?

 

[Allisgood]

KDX said:
Aren't we talking about what we would want to have? I mean, I even included UAE in my flag theory lol.

And as for dual citizenship, none of the countries I listed allow it, however you can get around that. But again, aren't we talking about our "dream setups" or whatever?
Click to expand...

Ok I guess.
But you will never get Emirati citizenship either.

Whereas Switzerland and Luxembourg allow dual without any problems, so much better options vs Austrian for example.

If you have Austrian and you take on another one, even secretly, you automatically immediately lose your Austrian citizenship. So it's very risky. If they ever find out about any other citizenship, your Austrian citizenship is gone. Why risk it when you can chose countries that don't care about dual.

 

[KDX]

Allisgood said:
Ok I guess.
But you will never get Emirati citizenship either.

Whereas Switzerland and Luxembourg allow dual without any problems, so much better options vs Austrian for example.

If you have Austrian and you take on another one, even secretly, you automatically immediately lose your Austrian citizenship. So it's very risky. If they ever find out about any other citizenship, your Austrian citizenship is gone. Why risk it when you can chose countries that don't care about dual.
Click to expand...

Many great countries don't allow dual citizenship, but it doesn't matter as long as you don't flaunt it. (usually)

Did you not read what people posted? Read what "flags" they posted. Such as BVI Aruba, Grenada, UK islands, Curacao, Lichestein

Those are all difficult citizenships to obtain. We're talking about fantasy here.

If I really wanted to chase my dream citizenships here's probably what I'd go for:

1. Finnish (my current one)
2. PRC, HKSAR
3. Whatever country I want to settle in

But realistically, I'm not going to spend 8-10 years just to get one of my dream passports if I don't intend on staying in the country.

There is one user here with a HK passport and 2nd citizenship. It may be a bit complex and there's not a lot of info on it but, it's probably more common than you think.

 

[Allisgood]

KDX said:
Many great countries don't allow dual citizenship, but it doesn't matter as long as you don't flaunt it. (usually)

Did you not read what people posted? Read what "flags" they posted. Such as BVI Aruba, Grenada, UK islands, Curacao, Lichestein

Those are all difficult citizenships to obtain. We're talking about fantasy here.

If I really wanted to chase my dream citizenships here's probably what I'd go for:

1. Finnish (my current one)
2. PRC, HKSAR
3. Whatever country I want to settle in

But realistically, I'm not going to spend 8-10 years just to get one of my dream passports if I don't intend on staying in the country.

There is one user here with a HK passport and 2nd citizenship. It may be a bit complex and there's not a lot of info on it but, it's probably more common than you think.
Click to expand...

I guess. But I actually have multiple citizenships (more than 2, and working on the next one). So I look at what's realistic. I don't bother with citizenships that don't allow dual. It's not worth putting in the money and time just to have to be secretive about it.
There are too many good options where you can be entirely legal.

Last edited: Apr 6, 2022

 

[KDX]

Allisgood said:
I guess. But I actually have multiple citizenships (more than 2). So I look at what's realistic. I don't bother with citizenships that don't allow dual. It's not worth putting in the money and time just to have to be secretive about it.
There are too many good options where you can be entirely legal.
Click to expand...

Sure. But my native citizenship is recoverable so, even if I were to get "caught" I'd just renounce it. May I ask what citizenships you hold? Just curious.

 

[Allisgood]

KDX said:
Sure. But my native citizenship is recoverable so, even if I were to get "caught" I'd just renounce it. May I ask what citizenships you hold? Just curious.
Click to expand...

It's EU and non EU , but I would like to keep it private thu&¤#

 

[boomy]

Allisgood said:
I guess. But I actually have multiple citizenships (more than 2, and working on the next one).
Click to expand...

how did you get them and where?

I wonder about the average costs for each for my self?

 

[Allisgood]

boomy said:
how did you get them and where?

I wonder about the average costs for each for my self?
Click to expand...

Descent and naturalisation. So hardly any cost except time. Oh and I guess taxes in those countries. But didn't mind as I benefited as well living there.

 

[Golden Fleece]

Allisgood said:
Austria takes very long to naturalise and doesn't allow (in most cases) dual citizenship. Even with other EU countries I think. So it's not really a feasible “flag” unless you want to hold only Austria citizenship.
Click to expand...

Austria's CBI program takes only two to three years and allows dual citizenship, but it is quite costly.

Austria's Citizenship Act does not recognize dual citizenship. However, an individual who has been granted Austrian citizenship under the provision of Art.10 (6) of the Citizenship Act, may not be required to renounce his or her previous citizenship.
Click to expand...

https://passports.io/citizenship/au...Act does not,his or her previous citizenship.

Jerry1911 said:
It literally just happened: EU launches process to slash Hungary's funds over rule-of-law breaches
Click to expand...

If Hungary and Poland work together against the EU's socialist aggression and the people in those countries support their leaders, that will only make those countries stronger. Their nationalist patriotism will outlast the EU, which will eventually fragment. That is also another reason why it is worth holding onto a EU passport.

 

[KDX]

Golden Fleece said:
Austria's CBI program takes only two to three years and allows dual citizenship, but it is quite costly.
Click to expand...

I wish there were stats on how often countries (incl. Austria) request you to renounce one of your citizenships. Would be interesting

 

[Allisgood]

Golden Fleece said:
Austria's CBI program takes only two to three years and allows dual citizenship, but it is quite costly.
Click to expand...

Yes but this is only really an exception for those investors, which are a handful a year I believe. What I was talking about was the normal naturalisation route by living there for x years. Which would apply to normal people.

Plus Arnold Schwarzenegger as well: he got an exception to keep his Austrian citizenship when he became an American. But I don't think this applies to most people.

 

[icecold]

This is one of the inspiring threads around OCT which I will have to think about and do my drawings. Once I'm all clear to what flags I want to rise I will post back here.

For now, thanks for bringing this to my attention.

 

[uplana]

Jerry1911 said:
It literally just happened: EU launches process to slash Hungary's funds over rule-of-law breaches
Click to expand...

Sad to read that. I believe the War in Ukraine has made Europe becoming much faster a hellhole!

Toggle signature
Find help to the ultimate anonymous setup on OffshoreCorpTalk - Tried, Tested & Works
Need help to get things done, ping me inside the Mentor Group Gold forums.

 

[aage]

Flag 1 : Monaco
Flag 2 : Luxembourg
Flag 3 : Hawaii

 

[KDX]

aage said:
Flag 1 : Monaco
Flag 2 : Luxembourg
Flag 3 : Hawaii
Click to expand...

You know that Hawaii is a part pf the US right? You'll be paying tax to Uncle Sam no matter where you go...

 

[sonato]

KDX said:
You know that Hawaii is a part pf the US right? You'll be paying tax to Uncle Sam no matter where you go...
Click to expand...

What would the tax rate be in Hawaii ?

 

[burden]

does this theory requires a second passport or just citizenship? I really don't understand the differency, sorry for the stupid question.

 

[bonox]

I'm reading the thread with great pleasure, nothing I know about.

 

[bountymounty]

marioIT said:
It's all good, but never forget you should aim to grab another passport other than your main one, especially if your main one is from EU, USA etc.
so consider that when you planting your flags.
Click to expand...

that's some good advise, I'm thinking of who to contact for sch service. Aren't there sellers around that offer to help with a second citizenship either in Panama, Switzerland or other ?

Second citizenship does not mean a second passport too right?

 

[KDX]

bountymounty said:
that's some good advise, I'm thinking of who to contact for sch service. Aren't there sellers around that offer to help with a second citizenship either in Panama, Switzerland or other ?

Second citizenship does not mean a second passport too right?
Click to expand...

Citizenship is citizenship. Citizens are entitled to a passport.

If you wish to hold a national passport (not just a travel document), you are most certainly required to be a citizen.

No such thing in Switzerland or Panama. Look up: "Citizenship by Investment" on Google